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- Sep 12, 2019
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They want you to be pre approved so you're not wasting their time. It's not uncommon and strengthens your position when competing with other prospective buyers.
They are only showing you one unit most likely to not disturb the other tenant/one unit is open. You should be able to tell the quality of the building from one unit and once you're offer is accepted you can do due diligence and look over the other side.
Part of the reason I got my real estate license is because of the need to be pre-approved at the moment you wanted to see something. With my license I could use say I'm going to look at a property for myself and the listing agent has no issues. But if you don't have your license, then yes, agree 100% with @Envision that being pre-approved makes you stand out.
I'd definitely want to see all units before putting in an offer. It's a ton easier to walk from a property when you're not under contract especially when you have a deposit down on the property. Now, if you have a good contract that the seller agrees to stating you can walk away for any reason, or no reason and receive your deposit back, then that is different. I have that baked into my purchase agreement for every offer I make.
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